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Thursday, July 9, 2009

PRERF Premier Horticulture Ltd receives $4,892,103 in funding from the Government of Canada for major modernization project

RIVIÈRE-DU-LOUP, QC, Jul 8, 2009 (Canada NewsWire via COMTEX) -- PRERF Quote Chart News PowerRating -- The Honourable Denis Lebel, Minister of State for Canada Economic Development, today announced that Premier Horticulture Ltd has been awarded $4,892,103 in repayable funding through the Community Adjustment Fund to modernize and increase the production capacity of two Rivière-du-Loup plants. Requiring an overall investment of $13,467,970, this project will result in the creation of 34 jobs in Rivière-du-Loup and eight in Pointe-Lebel, while ensuring the maintenance of 125 existing jobs at Premier Horticulture, a division of Premier Tech Ltd.

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PRERF Premier Horticulture Ltd receives $4,892,103 in funding from the Government of Canada for major modernization project

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